Trend Table for PFFA - Virtus InfraCap U.S. Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	A	Weak or Absent	Up	Up	Up	12.74%
Feb 22	A	Weak or Absent	Up	Up	Up	13.83%
Feb 21	A	Weak or Absent	Up	Up	Flat	14.27%
Feb 20	A	Weak or Absent	Up	Up	Up	14.25%
Feb 16	A	Weak or Absent	Up	Up	Up	14.31%
Feb 15	A	Strong	Up	Up	Up	14.31%
Feb 14	A	Strong	Up	Up	Flat	14.86%
Feb 13	A	Strong	Up	Up	Flat	15.41%
Feb 12	A	Strong	Up	Up	Flat	14.31%
Feb 9	A	Strong	Up	Up	Flat	14.53%